"The authorities’ ability to access beneficial ownership data was seen as weak, the communication between country’s law enforcement and financial intelligence agencies needs improvement with an expectation of increased investigation and prosecution…
"The loadshedding crisis has sparked a renewed sense of urgency to reform Eskom and shift to renewables. This presents compelling infrastructure investment opportunities and could herald a new chapter for the economy," writes Ninety One investment…
Ninety One Investment strategist, Russell Silberston, discusses the surprising merits of simple and concise central bank communication.
"One of the most alarming types of fraud is insurance fraud, which involves intentional deception by consumers or even organisations and agents, to gain unlawful benefits. According to the Insurance Crime Bureau, up to 20% of the R35 billion…
"Whereas most AI applications in financial services today leverage structured data to surface business insights, automate processes and make predictions, generative AI enables institutions to harness unstructured data such as text, video, and…
"Encouraging taxi owners to make decisions based on data and providing them with shared performance dashboards has the power to build stronger trust within the taxi community. A high trust index among taxi owners will, in turn, facilitate the…
"Sustainability is more than a box to tick, it is the foundation of a more positive and economically inclusive future for South Africa," says Jonas Bogoshi, Chief Executive Officer at BCX.
"There is a cohesive drive towards the development of 4IR in Africa. A drive that’s paying attention to more than just ROI and the bottom line, but rather, a shared vision across organisations and institutions to fully realise the potential…
"Continuos professional development (CPD) enables insurance professionals to provide the best possible service to their clients, while also being a critical factor in driving career advancement and business success as it builds trust and confidence…
"It should be noted at the onset that the Bank is unlikely to actively “defend” the currency with interest rate hikes. Rather, the key consideration is the expected impact of the depreciation of the Rand on the Bank’s inflation forecast," says…
"Machines have taken over many mundane, repetitive tasks that used to drain so much of our time. As they’ve done so, they’ve enabled us to become more productive and efficient, improving quality of life into the bargain," says Bryan McLachlan,…
"We project the trend in petrol prices to worsen over the remainder of the year, even though prices should remain below post-lockdown highs and the volatility in international markets should keep the outlook fluid," says Jalpa Bhoolia, Investment…
"As more and more personal data is collected and stored online, consumers are understandably concerned about the security of their information. Data breaches can result in sensitive personal information, including medical records and financial…
"Each business is unique and their cover should be unique to their business, the business size, the business type, the business premises etc, all will be uniquely different and will need bespoke solutions to cover their risk of financial loss…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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